Common use of Tax avoidance Clause in Contracts

Tax avoidance. 15.1. No Group Company has entered into or been party to any scheme or arrangement designed with a sole or main purpose of avoiding tax. 15.2. No Group Company has in the last four years entered into any notifiable arrangements, contribution arrangements or schemes for the purposes of Part 7 Finance ▇▇▇ ▇▇▇▇, the National Insurance Contributions (Application of Part 7 of the Finance Act 2004) Regulations 2007 or Schedule 11A VATA.

Appears in 2 contracts

Sources: Share Purchase Agreement (Nbty Inc), Share Purchase Agreement (Alphabet Holding Company, Inc.)

Tax avoidance. 15.1. 6.1 No member of the Company’s Group Company has entered into or been a party to any scheme scheme, arrangement or arrangement transaction designed with a sole wholly or main mainly, or containing artificial steps or stages designed wholly or mainly, for the purpose of avoiding taxor deferring Taxation or reducing a liability to Taxation. 15.2. 6.2 No member of the Company’s Group Company has in the last four years entered into been party to any notifiable arrangements, contribution arrangements transaction or schemes for series of transactions which it has or may become liable to notify to any Taxation Authority under any legislation requiring the purposes disclosure of Part 7 Finance ▇▇▇ ▇▇▇▇, the National Insurance Contributions (Application of Part 7 of the Finance Act 2004) Regulations 2007 or Schedule 11A VATAtax avoidance schemes.

Appears in 1 contract

Sources: Share Purchase Agreement (Wireless Telecom Group Inc)